alt Hacker NewsNope, that is the foundation of bad stablecoin. Trustless decentralized stablecoin like DAI exist. People just largely don't do their homework and prefer scams that lure them in with promises of 'yield'
Nope, that is the foundation of bad stablecoin. Trustless decentralized stablecoin like DAI exist. People just largely don't do their homework and prefer scams that lure them in with promises of 'yield'
DAI and SKY are backed in large part by USDC, so they are not truly decentralized. It is possible in theory, but nobody has successfully done it so far.